UAE's Mubadala leads a $400 million financing round for German insurance company Wefox
Wefox, an insurance technology company founded by former emp.. Read more
Saudi Arabian Centers distributes dividends to shareholders for the second half of 2022 with a total of 356.25 million riyals
Arabian Centers Company has approved the distribution of cas.. Read more
The largest sovereign funds: "Abu Dhabi Investment Authority" advances to third place globally, with assets of $708.8 billion
The Abu Dhabi Investment Authority has advanced to the third.. Read more
Accumulated losses place Emirati companies on the "second category" screen, pending anonymity
Special Report - (Namazone): A group of companies listed.. Read more
Details 142 Saudi initiative to face the consequences of "Corona" B214 billion riyals
Special Report (Nmazzon): The government announced that.. Read more
Will gold remain a safe haven asset?
Gold has long been a source of controversy and contention am.. Read more
Global trade is expected to decline in the coming months
The economics department of Qatar National Bank (QNB) said t.. Read more
Analysis .. How will major central banks respond to the increasing cases of financial instability?
The global macroeconomic environment is experiencing some of.. Read more
The euro is below the dollar .. the lowest level in 20 years
For the first time in 20 years, the euro fell below $1 on Tu.. Read more
"OPEC"...The pressures of supply shortage will continue next year
OPEC expected global demand for oil to increase next year, b.. Read more
Economic News
UAE Markets
Dana Gas continues to restructure
The UAE company, Dana Gas, said it was still studying the restructuring process, which might incl... Read more
World Markets
US stocks decline affected by negative data on the "Corona" outbreak
US stocks ended yesterday's trading, retreating from the big gains they had made earlier yesterday,... Read more
Gulf Markets
Saudi Council of Ministers: The Kingdom seeks to achieve the balance and stability of the oil market
The Saudi Cabinet said in a statement yesterday evening, that the Kingdom's call for a meeting of th... Read more
World Markets
Inflation of supply and weak demand for crude is falling in oil prices
Oil prices fell in a trading session yesterday, Tuesday, due to inflation in crude supplies and weak... Read more
World Markets
Egyptian Central Bank reserves fell 11.9% in March to 40.1 billion dollars
The central bank said on Tuesday that Egypt’s net foreign reserves fell by 11.9% to $ 40.1 billion a... Read more
Gulf Markets
Nadec is considering expanding into a number of nutritional activities
The National Company for Agricultural Development (Nadec) announced to direct the board of directors... Read more
UAE Markets
Preventing 35,000 electronic attacks in the UAE during March
The UAE Telecommunications Regulatory Authority succeeded in preventing 34,936 electronic attack... Read more
World Markets
Europe allocates 15 billion dollars to confront Corona
The European Union has announced the allocation of an amount of $ 15 billion to address the reper... Read more
Gulf Markets
Almarai is investing 275 million riyals in the poultry sector
The Board of Directors of the Saudi Almarai Company approved an ambitious plan to expand in the... Read more
UAE Markets
Transfers of 2.8 trillion dirhams between UAE banks within 3 months
The total value of transfers between UAE banks through the UAE EFTS system increased by 7.7% to... Read more
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